Reddit (RDDT) COO sells shares, exercises 30,659 options

Reddit (RDDT) insider activity: On 10/23/2025, the Chief Operating Officer reported multiple transactions.

(Very High)

(Very Negative)

Form Type

Rhea-AI Filing Summary

Reddit (RDDT) insider activity: On 10/23/2025, the Chief Operating Officer reported multiple transactions. An option to buy 30,659 shares at $5.35 was exercised, followed by open‑market sales of 30,659 Class A shares in several tranches at weighted average prices between $200.98 and $204.84. After these direct transactions, the executive held 1,295,968 shares directly.

Separately, an affiliated trust (MorMa Trust dated June 22, 2021) sold a total of 8,467 Class A shares in several trades at weighted average prices between $200.55 and $204.46, leaving 103,099 shares held indirectly by the trust. The sales were made under a Rule 10b5‑1 trading plan adopted on May 16, 2025.

Insider Trade Summary

Exercise and sale activity reported; no spread calculated

Exercise and Sale 11 txns

Insider Wong Jennifer L.

Role Chief Operating Officer

Sold 39,126 shs ($7.90M)

Approx. gross sale proceeds $7.90M

Approx. exercise cost $164K

Type	Security	Shares	Price	Value
Exercise	Stock Option (Right to Buy)	30,659	$0.00	$0.00
Sale	Class A Common Stock	3,601	$201.03	$724K
Sale	Class A Common Stock	3,700	$202.12	$748K
Sale	Class A Common Stock	965	$203.00	$196K
Sale	Class A Common Stock	201	$204.46	$41K
Exercise	Class A Common Stock	30,659	$5.35	$164K
Sale	Class A Common Stock	11,213	$200.98	$2.25M
Sale	Class A Common Stock	13,246	$201.90	$2.67M
Sale	Class A Common Stock	4,800	$202.84	$974K
Sale	Class A Common Stock	800	$204.02	$163K
Sale	Class A Common Stock	600	$204.84	$123K

Holdings After Transaction: Stock Option (Right to Buy) — 305,794 contracts (Direct); Class A Common Stock — 103,099 shares (Indirect, By MorMa Trust dated June 22, 2021); Class A Common Stock — 1,295,968 shares (Direct)

Footnotes (11)

F1. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 16, 2025.
F2. The sales were executed in multiple trades at prices ranging from $200.55 to $201.50. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price within the ranges set forth in footnotes (2) to (10) to this Form 4.
F3. The sales were executed in multiple trades at prices ranging from $201.64 to $202.62.
F4. The sales were executed in multiple trades at prices ranging from $202.64 to $203.60.
F5. The sales were executed in multiple trades at prices ranging from $203.70 to $204.63.
F6. The sales were executed in multiple trades at prices ranging from $200.45 to $201.44.
F7. The sales were executed in multiple trades at prices ranging from $201.45 to $202.44.
F8. The sales were executed in multiple trades at prices ranging from $202.45 to $203.44.
F9. The sales were executed in multiple trades at prices ranging from $203.45 to $204.35.
F10. The sales were executed in multiple trades at prices ranging from $204.58 to $205.15.
F11. The stock option is fully vested and currently exercisable.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Reddit (RDDT) COO report on Form 4?

An exercise of 30,659 stock options at $5.35 and open‑market sales of 30,659 Class A shares on 10/23/2025, plus separate trust sales totaling 8,467 shares.

What are the COO’s direct holdings after the transactions?

Direct beneficial ownership is 1,295,968 Class A shares after the reported transactions.

What are the indirect holdings after the trust’s sales?

The MorMa Trust held 103,099 Class A shares indirectly after selling 8,467 shares.

At what prices were the direct sales executed?

Weighted average prices ranged from $200.98 to $204.84 across several tranches on 10/23/2025.

At what prices did the trust sell shares?

Weighted average prices ranged from $200.55 to $204.46 in multiple trades on 10/23/2025.

Was there a trading plan in place for these sales?

Yes. The sales were effected pursuant to a Rule 10b5‑1 trading plan adopted on May 16, 2025.

Were the options fully vested?

Yes. The stock option was fully vested and currently exercisable, with an expiration date of 06/12/2028.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 10/27/2025 - 07:15 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Wong Jennifer L.

(Last)

(First)

(Middle)

C/O REDDIT, INC.

303 2ND STREET, SOUTH TOWER, 5TH FLOOR

(Street)

SAN FRANCISCO

94107

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Reddit, Inc. [ RDDT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Operating Officer

3. Date of Earliest Transaction (Month/Day/Year)
10/23/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	10/23/2025		S		3,601⁽¹⁾	D	$201.03⁽²⁾	107,965	I	By MorMa Trust dated June 22, 2021
Class A Common Stock	10/23/2025		S		3,700⁽¹⁾	D	$202.12⁽³⁾	104,265	I	By MorMa Trust dated June 22, 2021
Class A Common Stock	10/23/2025		S		965⁽¹⁾	D	$203⁽⁴⁾	103,300	I	By MorMa Trust dated June 22, 2021
Class A Common Stock	10/23/2025		S		201⁽¹⁾	D	$204.46⁽⁵⁾	103,099	I	By MorMa Trust dated June 22, 2021
Class A Common Stock	10/23/2025		M		30,659	A	$5.35	1,326,627	D
Class A Common Stock	10/23/2025		S		11,213⁽¹⁾	D	$200.98⁽⁶⁾	1,315,414	D
Class A Common Stock	10/23/2025		S		13,246⁽¹⁾	D	$201.9⁽⁷⁾	1,302,168	D
Class A Common Stock	10/23/2025		S		4,800⁽¹⁾	D	$202.84⁽⁸⁾	1,297,368	D
Class A Common Stock	10/23/2025		S		800⁽¹⁾	D	$204.02⁽⁹⁾	1,296,568	D
Class A Common Stock	10/23/2025		S		600⁽¹⁾	D	$204.84⁽¹⁰⁾	1,295,968	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Option (Right to Buy)	$5.35	10/23/2025		M			30,659	⁽¹¹⁾	06/12/2028	Class A Common Stock	30,659	⁽¹¹⁾	305,794	D

Explanation of Responses:

1. The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on May 16, 2025.

2. The sales were executed in multiple trades at prices ranging from $200.55 to $201.50. The price reported reflects the weighted average sale price. The Reporting Person undertakes to provide upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sale price within the ranges set forth in footnotes (2) to (10) to this Form 4.

3. The sales were executed in multiple trades at prices ranging from $201.64 to $202.62.

4. The sales were executed in multiple trades at prices ranging from $202.64 to $203.60.

5. The sales were executed in multiple trades at prices ranging from $203.70 to $204.63.

6. The sales were executed in multiple trades at prices ranging from $200.45 to $201.44.

7. The sales were executed in multiple trades at prices ranging from $201.45 to $202.44.

8. The sales were executed in multiple trades at prices ranging from $202.45 to $203.44.

9. The sales were executed in multiple trades at prices ranging from $203.45 to $204.35.

10. The sales were executed in multiple trades at prices ranging from $204.58 to $205.15.

11. The stock option is fully vested and currently exercisable.

Remarks:

	/s/ Julie Rogers, Attorney-in-Fact	10/27/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

Reddit (RDDT) COO sells shares, exercises 30,659 options

Rhea-AI Filing Summary

Positive

Negative